Innovative Industrial Properties vs Office Properties Income Trust
IIPR and OPI side by side, both in real estate. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How IIPR and OPI compare
Innovative Industrial Properties is the larger company, worth 4.8 times as much as Office Properties Income Trust ($1.4B against $296M).
Office Properties Income Trust grew revenue faster over the last twelve months (−8.1% versus −8.4% for Innovative Industrial Properties).
Innovative Industrial Properties keeps more of each dollar of sales as profit, with a net margin of 52.3% compared with −73.0% at Office Properties Income Trust.
Both pay dividends: Innovative Industrial Properties yields 14.6% and Office Properties Income Trust 0.15%.
Innovative Industrial Properties scores higher on the StockData Score (13 against 4 for Office Properties Income Trust), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | IIPR | OPI |
|---|---|---|
| Size and price | ||
| Market cap | $1.4B | $296M |
| Share price | $52.04 | $13.48 |
| Change, 1 year | 4.9% | 1424% |
| Change, 5 years | −81.0% | – |
| Beta (5Y) | 1.10 | – |
| Employees | 23 | 900 |
| StockData Score | ||
| Total score | 13 (better) | 4 |
| Valuation score | 6 (better) | 3 |
| Growth score | 0 | 0 |
| Performance score | 3 (better) | 0 |
| Health score | 1 (better) | 0 |
| Dividend score | 3 (better) | 1 |
| Valuation | ||
| P/E | 11.7× | – |
| P/S | 5.4× | 0.7× (better) |
| P/B | 0.8× | 0.6× (better) |
| EV/EBITDA | 5.9× | 5.1× (better) |
| Fair value | $73.91 | $23.52 |
| Margin of safety | 29.6% | 42.7% (better) |
| Growth | ||
| Revenue growth (TTM) | −8.4% | −8.1% (better) |
| Revenue growth, 5Y average | 17.9% | – |
| Net income growth (TTM) | 0.34% | – |
| EPS growth (TTM) | −4.7% | – |
| EPS growth, 5Y average | 3.7% | – |
| Profitability | ||
| Operating margin | 51.4% | – |
| Net margin | 52.3% (better) | −73.0% |
| Return on equity | 7.4% (better) | −40.5% |
| Return on invested capital | 6.3% | – |
| Financial health | ||
| Interest coverage | 5.2× | – |
| Altman Z-score | 1.45 (better) | 0.28 |
| Piotroski F-score | 5 (better) | 2 |
| Dividends and buybacks | ||
| Dividend yield | 14.6% (better) | 0.15% |
| Payout ratio | 157% | – |
| Years of dividend growth | – | 0 |
| Dividend growth, 5Y average | – | −60.9% |
| Buyback yield | 3.1% (better) | −0.32% |
| Shareholder yield | 17.7% (better) | −0.18% |
| Ownership | ||
| Held by institutions | 75.8% | 82.6% |
| Held by insiders | 2.1% | 47.5% |
| Insider net buying, 12 months | $243K (better) | −$10.3M |
| Superinvestors holding | – | 1 |
| Short interest, % of float | 15.8% | 2.7% |
Go deeper
- IIPR stock overview
- IIPR income statement
- IIPR valuation and score
- OPI stock overview
- OPI income statement
- OPI valuation and score
For information only, not investment advice. Check the source filings before relying on any figure.